To all Velora stakeholders,
As we reach the halfway point of the third epoch, with WakeUp Labs managing reward distributions using the tools and processes we’ve developed, we believe it’s the right time to request the second half of the development payment, as outlined in PIP-55 over four months ago.
The system is running more smoothly with each round, requiring less manual oversight.
- In the first distribution, there was a minor delay.
- For the second, we avoided delays entirely and introduced a verification tool.
- Although we’ve still relied a bit on the Laita Labs team, by our third distribution (assuming everything continues as planned), we expect to be fully autonomous in handling the rewards and aim to be autonomous with the gas refund by the next one at the latest.
This will allow WakeUp to operate independently and free up Laita to focus on other priorities as outlined in PIP-64.
We’re grateful for the DAO’s continued trust and support throughout this process.
The payment can be sent to WakeUp’s ETH mainnet multisig wallet:
0x9d2821293Af4e3522659f8cF3FE1Be190af7Ff26
We’ve been open with the community from the start, and we believe it’s time to aim higher.
We’re bullish on Velora and ready to keep pushing it forward, with new initiatives funded by the DAO.
From our side at WakeUp, we’re keen to start conversations around new product ideas right away.
The whole WakeUp team is here to support you.
We’re excited to keep building and growing Velora together.